He writes that Lew may be the most liked and admired men in Washington but he, like Rubin before him, will probably not tamper too much with Wall Street.

Hirsh says Lew has said very little about finance and “what he has said has raised suspicions that he is indeed of the same mindset as Robert Rubin, Tim Geithner and others who have not been willing to blame the deregulation that they themselves oversaw in the late 90s, which really started a whole process by which Wall Street was allowed to run wild.”